Allotment of 85,803 equity shares on May 25, 2026.
ICICIGI · price
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ICICI Lombard has allotted 85,803 equity shares of ₹10 each on May 25, 2026. Of these, 59,944 shares were allotted under the ICICI Lombard Employees Stock Option Scheme - 2005, and 25,859 shares under the ICICI Lombard - Employees Stock Unit Scheme - 2023. The allotment was approved by a Whole-time Director under authority delegated by the Board in July 2023. The new shares will rank equally with existing equity shares in all respects.
This is a routine employee stock option exercise with minimal dilution impact (~0.02% based on issued capital). No material impact expected on the stock price, though it reflects management confidence in the company's ESOP program retention value.